Dialog Axiata Powers Sri Lanka’s First Drive-in Concert
Sri Lankan singing sensations Bathiya and Santhush together with TV Derana presented Sri Lanka’s first-ever drive-in concert, powered by Dialog Axiata, which treated fans to the first LIVE music...
View ArticleCB Implements a Credit Guarantee and Interest Subsidy Scheme for Businesses...
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 26 June 2020, decided to implement a Credit Guarantee and Interest Subsidy Scheme to accelerate lending by banks to...
View ArticleUber launches ‘Uber Rentals’ for multi-hour, multi-stop needs in Sri Lanka
Uber has launched its latest product offering – ‘Uber Rentals,’ a 24×7 on-demand service which allows riders to book a car and its driver for several hours with the liberty to make multiple stops...
View ArticleCICT launches ‘Hope Village Project’ in Sri Lanka with Rs 17 million...
A building for a community centre that will provide multiple essential services to some 2000 people living in Pannila near Horana began to take shape this week under a unique new community initiative...
View ArticleGunmen attack Pakistan stock exchange building in Karachi
Gunmen attack stock exchange building in the city of Karachi, four assailants killed, police say. Gunmen have attacked the Pakistani stock exchange building in the city of Karachi, and four assailants...
View ArticleSEC Continues Engaging With Capital Market Stakeholders
As part of its continuing efforts to reach out to market participants Mr. Viraj Dayaratne PC, Chairman of the Securities and Exchange Commission of Sri Lanka (SEC) along with other Commission Members...
View ArticleEmirates to resume passenger flights to Malé from 16 July
Also adds Cairo, Tunis and Glasgow, bringing network to over 50 cities in July Dubai, UAE, 29 June 2020 – Emirates has announced it will resume passenger flights to Malé, the capital of the Maldives,...
View ArticleSL must aggressively pursue privatisation of SOEs to boost its economy – Mark...
Sri Lanka has to move more aggressively with privatisation of State-Owned Enterprises, which will give an incredible boost to the economy, a global investor said. “I’m very very interested in...
View ArticleLSEG Technology ranked as one of the largest export brands in Sri Lanka for...
LSEG Technology was recently recognized among the top 10 best export brand in Sri Lanka by Brand Finance and LMD. Appearing in this prestigious listing for the sixth consecutive year, LSEG Technology...
View ArticleFitch Affirms and Withdraws People’s Leasing and Finance PLC’s IDRs
Fitch Ratings has affirmed and withdrawn Sri Lanka-based People’s Leasing and Finance PLC’s (PLC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of ‘B-‘. The Outlook is Negative....
View ArticleEU clarifies lifting temporary restriction on non-essential travel
The Delegation of the European Union (EU) to Sri Lanka and the EU Member States Embassies in Colombo issue the following clarification on lifting the temporary restriction on non-essential travel to...
View ArticleCreating fiscal space and managing debt important – Idah Z. Pswarayi-Riddihough
Outgoing World Bank Country Director Highlights the Strengths, Opportunities and Challenges Ahead for Sri Lanka Increasing fiscal space, managing debt and furthering competitiveness and trade will be...
View ArticleHNB Remittance reports rapid increase in digital remittances
Records 15% YoY increase in digital remittances during COVID lockdown 10% increase in cardless remittance withdrawals across entire ATM network Sri Lanka’s most technologically innovative bank HNB PLC...
View ArticleBOC and China Development Bank to sign $140mn facility agreement
Sri Lanka primer bank, Bank of Ceylon ( BOC) and China Development Bank will enter into a USD 140 million long-term facility where drawdown will be under two tranches of USD 70 million each. The...
View ArticleHNB declared Best Retail Bank in Sri Lanka for 11th occasion at Asian Banker...
Hatton National Bank PLC (HNB) was declared the Best Retail Bank in Sri Lanka at the prestigious Asian Banker Excellence in Retail Financial Services Awards 2020, marking the 11th occasion that bank...
View ArticleIT security checklist for your organisation post lockdown
By Chester Wisniewski:: The unplanned shift to working from home caught many IT departments by surprise, which inevitably led to a lot of security concerns. Do we have enough VPN capacity? Did...
View ArticleNext@Acer launches new product line for 2020
Annual global press conference held online via Taipei Taiwan Event titled Rock, Paper, Scissors represented different product lines New products designed for education, gaming and creative uses Acer...
View ArticleFairfirst Insurance Chief Financial Officer appointed to Supervisory Board of...
Ravishankar Wickneswaran, Chief Financial Officer, has been appointed onto the Supervisory Board of BIC Vietnam. Ravishankar is a qualified finance professional in the Financial sector and has served...
View ArticleSri Lanka to host UNWTO’s 32nd Asia Pacific virtual Joint Commission Meeting...
The 32 nd Joint Meeting of the UNWTO Commission for East Asia and Pacific (CAP) and the UNWTO Commission for South Asia (CSA) which is UNWTO’s principal annual event in the Asia and the Pacific Region...
View ArticleDeliver justice to ETI and The Finance depositors according to legal...
President Gotabaya Rajapaksa has directed the officials of the Central Bank to deliver justice to the depositors of the ETI Finance and The Finance Company PLC after seeking legal advice regarding...
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